The global market for portable X-ray and CT scan devices is expected to reach USD 8,408.0 million by 2020, according to a new study by Grand View Research, Inc. Rising demand for bedside imaging, home healthcare and the growing use of CT scan devices for anatomical confirmation and to assess the accuracy of medical implants during and post interventional medical procedures are two of the most significant growth drivers of this market.
The market will also be driven by factors such as rising prevalence of target diseases such as cardiovascular, dental and orthopedic disorders and cancer, growing global base of geriatric population and the consequent rise in the number of medical procedures especially the ones involving medical implants.
The presence of high growth opportunities in emerging Asian and Latin American countries and the introduction of technologically advanced and cost effective products catering to the cost sensitive clientele present in the aforementioned regions will fuel the future growth of this market. Moreover, the implementation of government initiatives such as the 12th Five Year Plan in China will ease the entrance of market players into these regions and capitalize on the untapped growth opportunities.
The global portable X-ray devices market was dominated by the mobile X-ray devices market on account of the rising demand for bedside imaging and point of care diagnostics. In addition, the fact that these devices eliminate the need for multiple radiology departments in a healthcare institution and therefore prove to be cost effective serves this market as a driver. However, high maneuverability associated with handheld X-ray devices and the introduction of products such as the NOMAD Pro will help the global handheld X-ray devices market exhibit the highest CAGR during the forecast period.
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